Comments on: CIC needs to Change http://www.socialcatalyst.co.uk/2009/07/30/cic-needs-to-change/ Social Entrepreneurs who make places and spaces work. Wed, 26 Oct 2011 08:16:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Mike Chitty http://www.socialcatalyst.co.uk/2009/07/30/cic-needs-to-change/comment-page-1/#comment-3 Mike Chitty Fri, 31 Jul 2009 07:45:29 +0000 http://193.189.74.98/%7Esocialca/?p=5#comment-3 Whoa steady Tiger! Firstly why should just CICs from the pantheon of SE legal structures provide a reward to the entrepreneur in proportion to the value created, and a reward to the investor in proportion to the risk and the level of investment? Also taking capital investing it, providing a ROI to both investors and entrepreneurs and making the world a better place would just be what 'good' for profits do. Perhaps that would be a good thing. Let's stop seducing passionate caring entrepreneurs into the 'progress traps' that so many social enterprises become! Seduced by notions of a morally and ethically superior movement (whiffs of fascism), seduced by cheap money from the state. Seduced by an instant injection of street credibility by the label. I don't give a a damn about how an entrepreneur negotiates deals with those who supply capital. All I care about is whether they radically pursue 'good work' in the Schumacherian sense. Whoa steady Tiger!
Firstly why should just CICs from the pantheon of SE legal structures provide a reward to the entrepreneur in proportion to the value created, and a reward to the investor in proportion to the risk and the level of investment?
Also taking capital investing it, providing a ROI to both investors and entrepreneurs and making the world a better place would just be what ‘good’ for profits do.
Perhaps that would be a good thing.
Let’s stop seducing passionate caring entrepreneurs into the ‘progress traps’ that so many social enterprises become!
Seduced by notions of a morally and ethically superior movement (whiffs of fascism), seduced by cheap money from the state. Seduced by an instant injection of street credibility by the label.
I don’t give a a damn about how an entrepreneur negotiates deals with those who supply capital. All I care about is whether they radically pursue ‘good work’ in the Schumacherian sense.

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